cr england

I was told never to lease a truck from any company. They raise the price and make you paymore than what the truck is worth. Well to think about it, all leases do. Its called APR.

 

How did you not meet the criteria? How is that CRE's fault?

 

What was the criteria that was not met? and were you made aware of it prior to the lease agreement?

 

First of all.. If it's in his contract how much the balloon pmt is and England changed the terms without having him sign an addendum to the contract,well... They're in breach.

 

I have information overload from the original post.

How about a little more detail.

 

I heard about this recently from another driver in the container fleet. The new criteria includes a certain mpg average that must be meet during your lease, must average $850 a week as a trainer, and for every negative paycheck you must have 2 positive afterwards.

The receptionist at Horizon has a flyer with the exact details. Most of the criteria is easy to meet but they don't tell you about it when you first sign the lease.

 

What does that have to do with anything if you paid all your lease payments, paid for all your fuel, all of you repairs, and completed your lease?

If accurate, this is a new all time low to keep people from getting the truck they paid for, and the company getting to re-lease or sell it for even more profit.


Low, low, low.

 

LOL!!!!!!
I'm going to say something that is WAY, WAY over used on these forums....but if it ever fit, it fits in this case: If what you say is 100% true, they (C.R. England) need to be taken to court. I'm not talking "class action", I'm not talking "OOIDA", I am talking YOU take them to court, and do it NOW.
Any Judge, and/or any jury can and WILL see this as a scam (again, if what you say is 100% true).
The timing alone is on your side----3 weeks before contractually complete, and they yank the truck out from under you?
If this was by no fault of yours other than you "did not meet their new qritera", and you have not left anything else out (failed drug test comes to mind), then sue these guys, and sue them NOW.

 

Regardless...if NO new addendum was signed by BOTH parties to change in lease terms for buyout...then cr England is in a lot of legal hot water.

It's called BREACH OF CONTRACT..